An insurance company must hold the reserves; it can hold more and that's called the statutory surplus.
保险公司必须持有准备金,可以提取更多准备金,这叫做法定盈余。
2
The empirical results indicated that the statutory catastropher eservin gratio for Hunan crop insurance was relatively low, but the trigger for utilizing the reserves was reasonable.
实证结果表明,目前湖南地区种植业保险巨灾准备金提取比例较低,但巨灾准备金触发条件设定合理。
3
With respect to statutory third-party liability insurance for motor vehicles, it shall adopt the 1/365 to evaluate the unearned premium reserves.